The Matrix Below Describes What Kind of Covariance Structure in a Multilevel

question 12

Multiple Choice

The matrix below describes what kind of covariance structure in a multilevel model? $$\left( \begin{array} { l l l l } 1 & 0 & 0 & 0 \\0 & 1 & 0 & 0 \\0 & 0 & 1 & 0 \\0 & 0 & 0 & 1\end{array} \right)$$

• A)Unstructured
• B)AR(1)
• C)Diagonal
• D)Variance components

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Definitions:

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset over its useful life, reducing its book value.

Salvage Value

The estimated residual value of an asset at the end of its useful life, reflecting what it could be sold for or scrapped for parts.

Journal Entries

Journal entries are the basic means of recording financial transactions in the accounting system, consisting of debits and credits.

Double-declining-balance Method

An accelerated depreciation method that doubles the regular depreciation rate, allowing faster write-off of asset value.